Standalone Financial Results, Limited Review Report For September 30, 2016 (Result)

GLOBUS CORPOORATION LIMITED
(Previously Know as Karuna Cables Limited)

CIN : L33115MH1984PLC121000
Date:04/11/2016
To
To
The Managing Director
The General Manager
National Stock Exchange of India Limited

Corporate Communication Department
Exchange Plaza, Bandra Kurla Complex
Bandra (E), Mumbai - 400 051
BSE Limited
Dept. of Corporate Services
Phiroze Jeejeebhoy Towers,
Dalal Street, Mumbai - 400 001
Sub.: Outcome ofthe Board Meeting 3/2016-2017 dtd. November 04t\ 2016
Ref.: Symbol: KARUNACAB;
Scrip Code: 531904
Pursuant to Regulation 30 of SEBI (Listing and Disclosure Requirements) Regulations, 2015 this is
to inform you that a Meeting of Board the 3/2016-2017 of Directors of our Company held today,
Friday, 4th day of November, 2016 at 3.30 p.m at the Register office our Company at 102 Sanjay
Chambers, Chaubal Lane, Opera House, Mumbai - 400 004. The Meeting concluded at 4.30
p.m
1. Approved and took on record the Standalone Unaudited Financial Results of the Company
for the Quarter ended 30th September, 2016, along with the Limited Review Report of the
Auditors on the Unaudited Financial results for the Quarter ended 30th September, 2016
We hereby enclose the short particulars of the outcome of the said meeting.
Kindly take the same on your record.
Thanking You,
Yours faithfully
For ~ORATION
LIMITED
'J
Mahendra C. Shah
Managing Director
(DIN: 01650375)
Registered Office: 102, Sanjay Chambers. Choubal Lane, Opera House, Mumbai - 400 004 .
. Ph.: 022-2387 3609 Fax: 022-2387 3609 Email : mumbai@globuscorp.co
Works:
102A, S V Co-op., Industrial Estate, IDA Ballaram, Jinnaram (M), Medak, Dist. A. P. Pin: 502325.
Ph.: 09394204555

CIN : L33115MH1984PLC121000
Date:04/11/2016
To
The Managing Director
National Stock Exchange of India Limited
Corporate Communication Department
Exchange Plaza, Bandra Kurla Complex
Bandra (E), Mumbai - 400 051
To
The General Manager
BSE Limited
Dept. of Corporate Services
Phiroze Jeejeebhoy Towers,
Dalal Street, Mumbai - 400 001
Dear Sir/Madam,
Sub:
Submission Unaudited Financial Results (Standalone) of the Company for the Quarter
ended September 30, 2016
Dear Sir/Madam,
Pursuant to Regulation 33 of SEBI (Listing and Disclosure Requirements) Regulations, 2015, we
wish to inform you that Board has considered and approved Unaudited Financial Results for the
Quarter ended September 30, 2016. We enclose herewith the said Un-Audited financial results
(Standalone) of the Company along with Limited Review Report of Statutory Auditors.
Kindly take the same on record and acknowledge the receipt.
Thanking You,
Yours faithfully
For GLOBUS CORPOORATION
LIMITED
~
Mahendra C. Shah
Managing Director
(DIN: 01650375)
Registered Office: 102, Sanjay Chambers. Choubal Lane, Opera House, Mumbai - 400 004.
Ph.: 022-2387 3609 Fax: 022-2387 3609 Email: mumbai@globuscorp.co
Works:
102A, S. V. Co-op., Industrial
Estate, IDA Ballaram, Jinnaram
(M), Medak, Dist. A. P. Pin:
502325. Ph.: 09394204555

CIN : L33115MH1984PLC121000
STATEMENT OF UNAUDITED
RESULT FOR THE QUARTER ENDED 30.09.2016

(Rs. In Lacs)
Quarter
3 Months
Particulars
ended
30.09.2016
Preceding 3
Months ended
30.06.2016
Unaudited
Audited
ended
Year Ended
Corresponding 3
Months ended
Year to date
figures for current
31st March,
30.09.2015 in the
previous year
year ended
2016
Unaudited
Unaudited
30.09.2016
Audited
1
(a)
(b)
Total income from operations
(net)
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cost of materials consumed
0.00
0.00
0.00
0.00
0.00
Purchases of stock-in-trade
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
1.74
1.74
7.30
3.48
28.49
0.00
0.00
0.00
0.00
28.99
6.92
2.56
2.76
9.48
30.05
8.66
4.30
10.06
12.96
87.53
-8.66
-4.30
-10.06
-12.96
-87.53
8.00
0.00
0.01
8.00
15.06
-0.66
-4.30
-10.05
-4.96
-72.47
0.01
0.02
0.00
0.03
0.03
-0.67
-4.32
-10.05
-4.99
-72.50
0.00
0.00
0.00
0.00
0.00
-0.67
-4.32
-10.05
-4.99
-72.50
Changes in inventories
of finished goods,
and stock- in- trade
(d)
Employee benefits expense
(e)
Depreciation
and amortisation
ex ense Refer note

Other expenses(Any item exceeding
10% of the total expenses relating to
continuing
operations
to be shown
se aratel
Total Expenses
Profit / (Loss) from operations
before
other income, finance costs and

exce tional items
1-2
Other Income
Profit / (Loss) from ordinary activities

before Finance costs and exceptional
items
3+4
Finance Costs

after finance costs but before exceptional
items
5-6
Exceptional items
10
Tax Expense - Current Tax
11
Net Profit / (Loss) from ordinary
before tax 7-8

activities
after tax 9-10
14
0.00
0.00
(b)
(f)
13
0.00
0.00
Expenses
work-in-progress
12
0.00
0.00
(a)
(c)
0.00
Extraordinary
items (net of tax expense)
Net Profit / (LOSS)for the period (11 - 12)

Paid-up equity share capital (Face Value
of RS.2 - er Share
0.00
0.00
0.00
0.00
0.00
(0.67)
(4.32)
(10.05)
(4.99)
(72.50)
0.00
0.00
0.00
0.00
0.00
-0.67
-4.32
-10.05
-4.99
-72.50
1277.18
1274.48
1277.18
1277.18
1277.18
Mg, Director I Directol
Registered Office: 102, Sanjay Chambers, Choubal Lane, Opera House, Mumbai - 400 004.
Works:
102A. S V. Co-op.. Industrial Estate, IDA Ballaram. Jinnaram (M), Medak, Dist. A. P. Pin: 502 325. Ph.: 09394204555

(Previously
Know as Karuna Cables Limited)
CIN : L33115MH1984PLC121000
Reserves excluding Revaluation
15
Reserves
as per balance sheet of previous
0.00
0.00
0.00
0.00
0.00
accounting Year
16
Earnings per share (before extraordinary
items) of Rs. 2/-each (not annualised):
16
Rs.
(a) Basic
0.00
0.00
-0.01
0.00
-0.11
(b) Diluted
0.00
0.00
-0.01
0.00
-0.11
(a) Basic
0.00
0.00
-0.D1
0.00
-0.11
(b) Diluted
0.00
0.00
-0.01
0.00
-0.11
Earnings per share (after extraordinary
ii
items) of Rs. 2/-each(not
See accornpanving
annualised):
Rs.
notes to the financial
results
I
i
IRs. In lacs)
Quarter ended
3 Months
Particulars
ended
Preceding 3
Months
30.09.2016
ended
30.06.2016
. ..
.,
Nine Month
Corresponding
Months
ended
30.09.2015
revious
ended
Year Ended
Year to date
figures for current
31st March,
in the
year ended
2016
ear
30.09.2016
.,
. ..
53324325
53324325
..
A PARTICULARS OF SHAREHOLDING
1
Public Shareholdinz
Number of Shares
53324325
Percentage of Shareholding
2 Promoters and Promoter
53324325
83.50
53324325
83.50
83.50
83.50
83.50
Group Shareholding
Pledged/Encumbered
Nil
Nil
Nil
Nil
Nil
N umber of Shares
Percentage of Shares(as a % ot
Nil
Nil
Nil
Nil
Nil
Nil
Nil
Nil
Nil
Nil
Nil
Nil
Nil
Nil
Nil
a)
the total share holding of

promoter and promoter group)
Percentage Dr$haresTas a % of
the total share capital of
the company)
b)
Non-encumbered
Number of Shares
Percentage of Shares(as a % of
10534675
10534675
10534675
10534675
10534675
100.00%
100.00%
100.00%
100.00%
100.00%
16.50%
16.50%
16.50%
16.50%
16.50%
the total share holding of

promoter and promoter group)
ercen age o' ~r arestas a 70 0
the total share capital of
the company)
..
I
I
Particulars
3 months ended 30.09.2016
Pending at the beginning of the quarter
Nil
Received during the quarter

Disposed of durlnz the quarter
Remaining unresolved at the end of the
Nil
quarter
Nil
Nil
F"'GlOBUSC~
Mg. DIrector I Director
Ph.: 022-2387 3609 Fax: 022-23873609
Email :mumbai@globuscorp.co
Works:
102A, S. V. Co-op.. Industrial Estate, IDA Ballaram, Jinnaram (M), Medak, Dis!. A. P. Pin: 502 325. Ph.: 09394204555

(Previously Know as Karuna Cables limited)
CIN : L33115MH1984PLC121000
Reporting of Segment wise Revenue, Results and Capital Employed, under Clause 41
of the listing Agreement
(Rs. In lacs)
Particulars
Quarter ended
Corresponding
3 Months
ended
30.09.2016
Unaudited
1
Segment Revenue
a Manufacturing
b Trading
c Un-allocated
Total
3 Months
Months
ended
ended
30.09.2015 in
30.06.2016
the previous
Audited
Unaudited
Year to date
figures for
current year
31st March,
ended
2016
30.09.2016
Unaudited
Audited
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Less: Inter segment revenue
0.00
0.00
0.00
0.00
0.00
Net sales / Income From Operations
0.00
0.00
0.00
0.00
0.00
0.00
-1.46
0.00
-4.32
0.00
-10.05
0.00
-5.76
-28.99
-58.53
Total
-1.46
-4.32
-10.05
-5.76
-87.52
Less: i) Interest
-0.02
0.00
0.00
-0.04
-0.03
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
15.05
-1.48
-4.32
-10.05
-5.80
-72.50
-85.24
-28.88
-85.24
-27.41
(201.16)
-85.24
-28.88
0.00
-114.12
0.00
-112.65
Segment Results
(Profit (+)/Loss(-) before tax and
interest from each segment
a Manufacturing
b Trading
ii)Other unallocable expenditure

Add: iii) Un-allocable income
Total Profit / (loss) Before Tax
3
Preceding 3
Year Ended
Capital Employed
(Segment assets-segment Liabilities)
a Manufacturing
b Trading
c Un-allocated
Total
127.35
5.66
0.0
-68.15
-114.12
(85.24)
(26.72)
0.00
-111.96
Notes:
1. The above results have been reviewed by the Audit Committee and approved by the Board of Directors at
their meeting held on 4th November, 2016.
2. The Company has Two Segment as per Accounting Standard - 17 of ICAI.
3. Previous periods figures have been regrouped, where ever required.
4 Depreciation in the Fixed Assets are provided at the year end, as the manufacturing activity was closed
during the year.
Place: Mumbai
Date: 04.11.2016
Dr. Mahendra Shah

Mg. Director
Ph.: 022-2387 3609 Fax: 022-2387 3609 Email: mumbai@globuscorpco
Works:
102A, S. V. Co-op., Industrial Estate, IDA Baliaram, Jinnaram (M), Medak, Dist. A. P. Pin: 502 325. Ph.: 09394204555

CIN : L33115MH1984PLC121000
STATEMENT OF ASSETS AND LIABILITIES AS AT 30TH SEPTEMBER, 2016
(Rs.in lacs)
PARTICULARS
As at 30.09.2016
As at 31.03.2016
Unaudited
Audited
A
EQUITY AND LIABILITIES

1. SHAREHOLDER'S FUND
1.1 Share Capital
1.2 Reserves & Surplus
Sub Total
1,277.18
(1,184.21)
92.97
1,277.18
(1,174.13)
103.05
Sub Total
360.09
76.14
436.23
360.10
72.21
432.31
Sub Total
12.60
20.10
32.70
8.57
19.10
27.67
TOTAL EQUITY AND LIABILITIES
561.90
563.03
2. NON CURRENT LIABILITIES

2.1 Long Term Borrowings
2.2 Other Long Liabilities
3. CURRENT LIABILITIES
3.1 Trade Payables
3.2 Short Term Provisions
B ASSETS
5. NON CUREENT ASSETS
5.1 Fixed Assets
5.1.1 Tangible Assets
5.2 Non Current Investments
5.3 Deferred Tax Assets (Net)
171.26
171.26
0.16
215.01
386.43
Sub Total
206.29
377.55
6. CURRENT ASSETS
6.1 Inventories
6.2 Trade Receivables
6.3 Cash and Cash Equivalents
6.4 Short Term Loans & Advances
Sub Total
121.74
4.52
58.09
184.35
121.74
1.31
53.55
176.60
TOTAL ASSETS
561.90
563.03
For
GlOBUSCORP~tATK*
Mg. Director I Director
Registered Office: 102, Sanjay Chambers, Choubal Lane, Opera House, Mumbai - 400 004.
Works:
102A, S. V. Co-op., Industrial Estate, IDA Ballaram, Jinnaram (M), Medak, Dist. A. P. Pin: 502 325. Ph.: 09394204555
Firm Regd No.: 115175W

Email: sandipdoshi99@yahoo.co.in
Website: www.sandipvdoshiandco.com
_____
San dip V. Doshi

B.Com, F.C.A.
M.: +91- 98208- 01099
SANDIP V. DOSII & (0.
-----------------------
CHARTERED ACCOUNTANT
LIMITED REVIEW REPORT

TO WHOMSOEVER
RE: GLOBUS
IT MAY CONCERN
CORPOORA
TION LIMITED
We have reviewed the accompanying statement of unaudited financial results of Globus

Corpooration
Limited for the period ended 30th September, 2016. This statement is the
responsibility of the Company's Management and has been approved by the Board of Directors/
committee of Board of Directors. Our responsibility is to issue a report on these financial
statements based on our review.
We conducted our review in accordance with the Standard on Review Engagement (SRE) 2400,
Engagements to Review Financial Statements issued by the Institute of Chartered Accountants of
India. This standard requires that we plan and perform the review to obtain moderate assurance
as to whether the financial statements are free of material misstatement. A review is limited
primarily to inquiries of company personnel and analytical procedures applied to financial data
and thus provides less assurance than an audit. We have not performed an audit and accordingly,
we do not express an audit opinion.
Based on our review conducted as above, nothing has come to our attention that causes us to
believe that the accompanying statement of unaudited financial results prepared in accordance
with applicable accounting standards and other recognised accounting practices and policies has
not disclosed the information required to be disclosed in terms of Clause 41 of the Listing
Agreement including the manner in which it is to be disclosed, or that it contains any material
misstatement.
FOR SANDIP V. DOSHI & CO.
Chartered Accountant
/v.~,
Place: Mumbai
Date: 04.11.2016
Mumbai Off: Off No. 23, 3rd floor, 241-243,
Maharaja Bldg., Opp.St.Teressa Church, Girgam,
Mumbai - 400004.
Te/.: +91- 22- 2380 4002
(SANDIP V. DOSHI)
Proprietor M. No.: 048949
Kandivali Off. : G-l, Jyoti Plaza, lA' Wing,
Gr. Floor, S.V. Road, Kandivali (West),
Mumbai - 400067.
M.: +91-9930280054

Standalone Financial Results, Limited Review Report For September 30, 2016 (Result)

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Standalone Financial Results, Limited Review Report For September 30, 2016 (Result)

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GLOBUS CORPOORATION LIMITED

(Previously Know as Karuna Cables Limited)

The General Manager

National Stock Exchange of India Limited

Scrip Code: 531904

GLOBUS CORPOORATION LIMITED

102A, S. V. Co-op., Industrial

Estate, IDA Ballaram, Jinnaram

(M), Medak, Dist. A. P. Pin:

502325. Ph.: 09394204555

GLOBUS CORPOORATION LIMITED

RESULT FOR THE QUARTER ENDED 30.09.2016

Total income from operations

Cost of materials consumed

and stock- in- trade

Employee benefits expense

ex ense Refer note

other income, finance costs and

Profit / (Loss) from ordinary activities

Profit / (Loss) from ordinary activities

Profit / (Loss) from ordinary activities

Tax Expense - Current Tax

Net Profit / (Loss) from ordinary

before tax 7-8

after tax 9-10

items (net of tax expense)

Net Profit / (LOSS)for the period (11 - 12)

Mg, Director I Directol

GLOBUS CORPOORATION LIMITED

Know as Karuna Cables Limited)

Reserves excluding Revaluation

as per balance sheet of previous

Earnings per share (before extraordinary

items) of Rs. 2/-each (not annualised):

Earnings per share (after extraordinary

items) of Rs. 2/-each(not

notes to the financial

2 Promoters and Promoter

the total share holding of

the total share holding of

3 months ended 30.09.2016

Pending at the beginning of the quarter

Received during the quarter

GLOBUS CORPOORATION LIMITED

Less: Inter segment revenue

Net sales / Income From Operations

ii)Other unallocable expenditure

Dr. Mahendra Shah

GLOBUS CORPOORATION LIMITED

EQUITY AND LIABILITIES

TOTAL EQUITY AND LIABILITIES

2. NON CURRENT LIABILITIES

Firm Regd No.: 115175W

San dip V. Doshi

SANDIP V. DOSII & (0.

LIMITED REVIEW REPORT

We have reviewed the accompanying statement of unaudited financial results of Globus

Te/.: +91- 22- 2380 4002

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